Competition watchdog criticised the sector and called for pricing intervention options.
Competition watchdog responds to Citizens Advice super-complaint.
The watchdog will take over responsibility for regulating claims management companies in April next year.
Forget having a summer playlist! July 2018 saw brokers more interested with who topped Allianz's “hit list” and Axa's replacement for Amanda Blanc, along with finally having a date for the senior managers’ regime.
The regulator stuck with Aon as its broker.
One year on a Freedom of Information of request from Insurance Age reveals the timeline of events.
In the main, the news of Amanda Blanc's move from Axa to Zurich dominated the headlines in April. Brokers were also particularly interested in the FCA's warning round renewal transparency, Towergate's financial results for 2017 and Jelf, which made its…
78% called for a ban on insurance firms charging higher prices for renewals than new business.
In an excellent piece in The Times last month was a reference to a suggestion – that renewal invitations should in fact have three prices on them.
2018 started off with a bang with FCA fines and some big ticket M&A involving Markerstudy and A-Plan.
Feedback statement follows on from consultation that closed in March.
Body still working on investigation following the super-complaint from Citizens Advice, which slammed dual pricing practices in insurance.
Regulator says it prefers the draft withdrawal agreement over no-deal Brexit after impact assessment.
Regulator highlights 18% are cyber-related.
Larksway Investments was stopped from providing insurance broking services in September 2017.
Steve White warns that passporting will end.
The watchdog has published a set of proposals to prepare for the possibility of leaving the EU without an implementation period.
Broker is the first regulatory exit from Worry+Peace's InsurTech incubator.
Ann Peel poses the question as more SMEs will be able to complain to the Ombudsman.
The frustration is that insurance has so much to be proud of.
FCA review led to insurer being “made aware” of problems.
Property claims are increasing as Allianz warns that theft is on the up and calls on brokers to carefully communicate with customers and make use of risk management services.
Regulator consulting on new rules requiring firms to write to consumers who have made unsuccessful PPI claims, telling them to complain again.
The Insurance Age team discuss the top five stories from the past week featuring fines, the FCA, Ardonagh and Reich.